News Digest

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Amazon layoffs to begin tomorrow? Key sectors that could be impacted

Amazon is set to initiate a second round of layoffs this week, aiming to reduce its corporate workforce by approximately 30,000 jobs, following last year's cuts. 

Industry Trends

Rift at influential Silicon Valley venture firm shows techs divide over ICE shooting

USA-TRUMP/MINNESOTA-TECH (PIX):Rift at influential Silicon Valley venture firm shows tec

Budget 2026: Moving beyond tariffs – what India’s customs reforms journey needs

India’s customs reform journey is entering a phase where regulatory stability, procedural simplicity, digital reliability, will be more important than marginal tariff adjustments.

A solar-powered flour mill finds steady ground in Shahjahanpur

Yogesh Kumar lives in Chauhanapur village of Shahjahanpur district, where a small solar-powered flour mill now draws a steady stream

Industry Trends

Australian lawyer apologizes for AI-generated errors in murder case

Australian lawyer apologizes for AI-generated errors in murder case

Trump administration invests in another US rare earth miner to loosen China's grip on supply

The US is taking a minority stake in an Oklahoma rare earth miner, the latest government investment in the sector as it seeks to minimize its reliance on imports of a material used prevalently in smartphones, robotics, electric vehicles and many other high tech products.

Industry Trends

A Breakthrough Law Won’t Kill Korea’s AI Revolution

Nearly a decade ago, long before ChatGPT wowed the world with its humanlike conversational abilities, Google DeepMind’s artificial intelligence system stunned South Korea when it beat legendary Go player Lee Sedol during a televised tournament in Seoul.

S&P 500, Dow open slightly higher with big tech results, Fed decision on deck

U.S. stock markets opened with modest gains on Monday as investors anticipated a significant week for corporate earnings and a key Federal Reserve policy announcement. The Dow Jones Industrial Average and S&P 500 saw slight increases, while the Nasdaq Composite experienced a minor dip in early trading.

Lodha's maiden Bengaluru project runs into legal hurdle

Residents of existing towers on the land Lodha acquired have accused the developer of changing the plan without their consent. RERA has asked the company to seek approval from two-thirds of the residents.

Global firms drive India's office demand, account for 58% of total leasing in 2025: JLL

Global companies remained a major demand driver for office space in India during 2025 as they leased nearly 60 per cent of office spaces in India's seven major cities to expand their businesses, according to JLL India.

Nvidia invests $2 billion more in CoreWeave, offers new chip

CoreWeave will be among the first to deploy forthcoming Nvidia products, including storage systems and a new CPU.

Pine Labs To Build Acquiring Infra For UAE-Based Wio Bank

Listed fintech major Pine Labs has signed a pact with Wio Bank to build an acquiring infrastructure for the UAE-based…

Nvidia invests $2 billion in CoreWeave, expands data centre partnership

Alongside the investment, Nvidia and CoreWeave have expanded their strategic partnership, aimed at accelerating CoreWeave’s data centre build-out to meet surging demand for AI-focused computing capacity.

Waaree Technologies to acquire majority stake in transmission tower firm for ₹1,225 crore

Waaree Renewable Technologies is acquiring a 55% stake in Associated Power Structures for ₹1,225 crore to enter the power transmission and substation EPC market.

Tariff wall: Indian internet gear, cable makers risk missing out on US data centre boom

American companies awarding orders worth billions of dollars to build infrastructure for AI companies. But US tarrifs have either squeezed margins or disrupted exports for Indian cable and equipment makers.  

PVR INOX exits 4700BC, sells premium popcorn brand to Marico for ₹226.8 crore

PVR INOX has exited premium popcorn brand 4700BC, selling its entire stake to Marico for ₹226.8 crore as the cinema-born brand transitions fully into FMCG.

Industry Trends

Renault India unveils New Duster

The man who funded eight schools at IITs taught me that time, not money, is the real donation

Rahul Mehta left India at 17 with dollars his parents scraped together by selling their gold. He built and sold four companies in America, then came back to change how India teaches biotechnology, AI and sustainability. A meeting at IIT Madras changed my understanding of what it means to give.